Sir Jim Ratcliffe 'puts Nice up for sale' as asking price is revealed, after Man United minority owner admitted he 'didn't enjoy watching them' and they 'were better WITHOUT INEOS interference'
Manchester United minority owner Sir Jim Ratcliffe is reportedly exploring the sale of Ligue 1 club Nice.
Ratcliffe's company, Ineos, bought 100% of the French club for a price of €100 million (£85.3 million) back in 2019.
Speaking in March, Ratcliffe said he didn't enjoy watching his French side due to the standard of football.
Eight months ago, Ratcliffe let 250 staff go, and he wants to reduce the head count at United by a further 200 people.
Richard Hawkins, United's director of football insights and innovations, and David Harrison, director of football operations, have both been told they will not have roles at the club moving forward.
In February, sporting director Dan Ashworth left the club just five months after joining the club.
In March, Ratcliffe claimed that United may well have gone bust by Christmas if he did not implement cost-cutting measures.
In the same month, United revealed plans for a new 100,000 seater stadium.
The cost of the new development is reported to be £2 billion.
Under Ratcliffe, the club has also raised ticket prices, with next season's cost set to increase by roughly £2.50 per game.
Ratcliffe and INEOS have also presided over a change of manager, handing Erik ten Hag a new contract only to sack him in the middle of this season.
Ruben Amorim was hired from Sporting Lisbon to replace the Dutchman.
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